Search found 4967 matches

by HueyLD
Thu Aug 17, 2017 9:28 am
Forum: Personal Consumer Issues
Topic: Other people's perception of your finances
Replies: 73
Views: 3496

Re: Other people's perception of your finances

If your family members only visit you once in a while, just be gracious. However, if the visits become regular and frequent, then you need to tell them to get a hotel room. I've been told by a relative who lives in a very popular (HCOL) area that people were known to show up at their friends' doorst...
by HueyLD
Tue Aug 15, 2017 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: ObamaCare 2018
Replies: 74
Views: 7931

Re: ACA 2018

Valuethinker wrote:
Tue Aug 15, 2017 4:40 pm
nisiprius wrote:
Tue Aug 15, 2017 4:38 pm
We used to be pretty punctilious in this forum about calling it "ACA" and that's probably still a good idea....
Who was this Obama guy anyways? ;-)
I no longer use the term ACA because virtually nobody seems to know what ACA means.
by HueyLD
Mon Aug 14, 2017 11:14 am
Forum: Personal Consumer Issues
Topic: Lack of Feedback from Vanguard Reps when Suggestions are Made
Replies: 5
Views: 434

Re: Lack of Feedback from Vanguard Reps when Suggestions are Made

The OP's suggestions may not have passed a "cost-benefit analysis" and Vanguard may not want to spend money on suggestions that will only cost them money without tangible benefits. I once made a suggestion to a brokerage (not Vanguard) and it was implemented by the brokerage because the benefit outw...
by HueyLD
Thu Aug 10, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Help understanding cost basis mismatch at Vanguard
Replies: 9
Views: 694

Re: Help understanding cost basis mismatch at Vanguard

Femur,

Is your account a brokerage account? I don't think such a problem exists in the old fashioned mutual fund only accounts.
by HueyLD
Wed Aug 09, 2017 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Can you switch to Obama care in the middle of cobra period
Replies: 10
Views: 948

Re: Can you switch to Obama care in the middle of cobra period

I'm a little confused. The qualifying event test only applies for enrolling in an ACA plan outside of the open enrollment period. During an open enrollment period, you can sign up for an ACA plan regardless of whether a qualifying event has occurred. Exhausting one's COBRA eligibility (at the end o...
by HueyLD
Sun Aug 06, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Why haven't my Series-I Savings Bonds increased in value?
Replies: 9
Views: 1493

Re: Why haven't my Series-I Savings Bonds increased in value?

I bond interest accrues monthly and compounds semiannually. Early withdrawal penalty is the accrued interest for the last three months. And accrued interest is calculated based on the composite rates. The BH wiki has an excellent article on I bonds and that's where one can learn the in's and out's o...
by HueyLD
Sun Jul 30, 2017 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: How do you decide if you can afford something?
Replies: 63
Views: 3611

Re: How do you decide if you can afford something?

Ask the wife and her decision is final. :)
by HueyLD
Sun Jul 30, 2017 10:04 am
Forum: Personal Consumer Issues
Topic: NYT: Buy more takeout and hire a maid, study suggests
Replies: 37
Views: 5867

Re: NYT: Buy more takeout and hire a maid, study suggests

Alexa9 wrote:Personally, I think that's terrible advice. Cooking and cleaning are therapeutic and save you money.

Both cooking and cleaning regularly are royal pain. However, doing them once in a while may be therapeutic.
by HueyLD
Wed Jul 26, 2017 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Court wants inherited IRA liquidated and put into court blocked account
Replies: 18
Views: 2064

Re: Court wants inherited IRA liquidated and put into court blocked account

According to the CA probate code: 3412. If the minor has a guardian of the estate and the sole asset of the guardianship estate is money, the court may order that the guardianship of the estate be terminated and, if the court so orders, the court in its discretion shall also order any one or more of...
by HueyLD
Tue Jul 25, 2017 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 6800

Re: Post Nuptial agreement guaranteeing alimony?

The OP said: I have turned down numerous proposals because my spouse feels his career has higher earning potential and I agree with him and thus have put my career on the back burner. So, what is the problem? You agreed to sacrifice your own career for his advancement. Did you do that under duress? ...
by HueyLD
Mon Jul 24, 2017 10:07 am
Forum: Personal Consumer Issues
Topic: Lifetime Tire Alignment
Replies: 35
Views: 2677

Re: Lifetime Tire Alignment

A local chain used to push for lifetime alignment, lifetime oil change, etc. However, the owner sold the business to a national chain and all those supposedly lifetime services vanished because the new owner claimed to have no such records whatsoever. So, my question about any kind of lifetime warra...
by HueyLD
Fri Jul 21, 2017 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: AnnualCreditReport Equifax
Replies: 31
Views: 1864

Re: AnnualCreditReport Equifax

I pulled my credit report every year from Equifax w/o problems.

However, I did have problems with TU periodically.
by HueyLD
Fri Jul 21, 2017 11:48 am
Forum: Personal Finance (Not Investing)
Topic: AnnualCreditReport Equifax
Replies: 31
Views: 1864

Re: AnnualCreditReport Equifax

mrc wrote:To use the annual credit report website, I have to unfreeze the reports. Too much trouble.

No, you don't have to unfreeze in order to check your own credit report. I have done it several times since my credit was frozen.
by HueyLD
Fri Jul 21, 2017 11:44 am
Forum: Personal Finance (Not Investing)
Topic: AnnualCreditReport Equifax
Replies: 31
Views: 1864

Re: AnnualCreditReport Equifax

I just attempted to get my annual credit report from Equifax using the AnnualCreditReport.com portal. I tried twice and each time received a message that the report was not available online and I could mail copies of identification and get a written report. That is not acceptable. Has this happened...
by HueyLD
Fri Jul 21, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Allowed expenses for charity?
Replies: 5
Views: 317

Re: Allowed expenses for charity?

What are the rules and normal procedures of such tax exempt organizations if a participant made a donation to the organization for the amount of the trip and the organization paid that same amount for the trip expenses? What about if such trip expense amounts came from a Donor Advised fund? Let me ...
by HueyLD
Tue Jul 18, 2017 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Claim SIL as Dependent
Replies: 7
Views: 1126

Re: Claim SIL as Dependent

I just completed the IRS online tool to determine if my SIL can be claimed as a dependent. My wife and I file a joint return and we live in Maryland. SIL is age 67. In our situation, it appears that we need to provide at least half of SIL's support to claim her as a dependent. SIL receives more tha...
by HueyLD
Fri Jul 14, 2017 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: How to keep Wife's Inheritance Separate
Replies: 11
Views: 1550

Re: How to keep Wife's Inheritance Separate

A very knowledgeable native Californian friend helped out with the following helpful information, including this link to California Family Code: CHAPTER 2. Separate Property [770 - 772] ( Chapter 2 enacted by Stats. 1992, Ch. 162, Sec. 10. ) 770. (a) Separate property of a married person includes al...
by HueyLD
Thu Jul 13, 2017 8:25 pm
Forum: Investing - Theory, News & General
Topic: Buckley will succeed McNab as Vanguard CEO at year end
Replies: 32
Views: 3750

Re: Buckley will succeed McNab as Vanguard CEO at year end

nisiprius wrote:What has been the length of tenure of successive CEO's?

Bogle, 1975-1996? 21 years?

Brennan, 1996-2008? 12 years?

McNabb, 2008-2017? 9 years?

Hmmm...


My guess is that Buckley will last no more than 5 years based on the above trend. :)
by HueyLD
Thu Jul 13, 2017 7:57 pm
Forum: Personal Consumer Issues
Topic: Worker's compensation insurance
Replies: 15
Views: 1017

Re: Worker's compensation insurance

Ask the company that does not provide worker's comp. insurance these questions:

(1) Who provides payment to injured workers for lost wages and medical services, regardless of who was at fault?

(2) Who provides death benefit should a work related death occur?
by HueyLD
Wed Jul 12, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Personal loan to a family member
Replies: 114
Views: 6855

Re: Personal loan to a family member

To the OP,

Is that family member your child? If so, you may as well give the child his/her inheritance in advance.

If the family member is your parent, you may also gift the money to show your gratitude.

Anyone else, no way Jose.
by HueyLD
Wed Jul 12, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Benefits of real estate agent for buying new construction?
Replies: 25
Views: 1358

Re: Benefits of real estate agent for buying new construction?

I'm trying to get an idea of the benefits of using a real estate agent when looking to purchase new construction? We are using one now, however we have been locating and visiting the new developments in our target area all on our own thus far, while talking to the agents representing the builders o...
by HueyLD
Mon Jul 10, 2017 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange or transfer? Does it matter?
Replies: 12
Views: 636

Re: Exchange or transfer? Does it matter?

In your situation, a proper transfer will be tax free. But I don't like the word "exchange" as shown in your transaction history because exchange is usually defined as a sale and a purchase. However, Vanguard may have used the word exchange when it meant transfer. I think only a call to Va...
by HueyLD
Mon Jul 10, 2017 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange or transfer? Does it matter?
Replies: 12
Views: 636

Re: Exchange or transfer? Does it matter?

Vanguard's definition of an "exchange" is to sell from one and buy another. Keep in mind that SIMPLE IRA and tIRA are two entirely different types of retirement accounts and one can do a tax free rollover from SIMPLE to tIRA, but it needs to be done properly. Here is additional info from t...
by HueyLD
Mon Jul 10, 2017 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange or transfer? Does it matter?
Replies: 12
Views: 636

Re: Exchange or transfer? Does it matter?

OMG!

Exchange means you sold the shares in one account and bought new shares in another account.

You just created a taxable transaction.

You need to call Vanguard ASAP. Hopefully they will correct it for you.
by HueyLD
Mon Jul 10, 2017 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Beware of retroactive payments when claiming SS
Replies: 13
Views: 1573

Re: Beware of retroactive payments when claiming SS

A related question - My birthday is in September. Some January in the future I will start SS benefits. If I ask for retroactive payments will they be taxed retroactively, or in the year received? I ask because of the statement that SS benefits are actuarially the same. True, but tax planning vis-a-...
by HueyLD
Sun Jul 09, 2017 8:49 pm
Forum: Personal Consumer Issues
Topic: Coyote control
Replies: 66
Views: 4466

Re: Coyote control

Can you put up a fence?
by HueyLD
Sun Jul 09, 2017 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Social Security Issue Assistance/Advice Needed
Replies: 5
Views: 719

Re: Social Security Issue Assistance/Advice Needed

To the OP, Your posts are not clear in a few regards. Please clarify the following. (1) When did you actually receive the lump sum payment (net of tax withheld) in your bank account - year 2016 or year 2017? My guess is that you received it in Dec. 2016. (2) On the latest corrected 1099-SSA you rece...
by HueyLD
Sun Jul 09, 2017 11:19 am
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 220
Views: 17355

Re: Buying house - Very important decision

In areas with high housing prices (coastal California, NYC, etc.), I read that many buyers have help from "mom and dad banks," old money and/or personal assets (e.g. retirees who are asset rich but income poor).
by HueyLD
Sun Jul 09, 2017 11:12 am
Forum: Personal Consumer Issues
Topic: can't logon to vanguard account [Website Down]
Replies: 92
Views: 3156

Re: Is Vanguard down this AM (7/9/17)?

I think it is a good idea to avoid logging in any system between 10 p.m. Saturday and 10 a.m. Sunday. It appears that companies prefer to do system maintenance during that period.

Give Vanguard a break for doing maintenance during off-peak hours.
by HueyLD
Sun Jul 09, 2017 10:53 am
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 220
Views: 17355

Re: Buying house - Very important decision

In my continued search for cheaper house, I see some houses with brick and some with vinyl siding. What is the difference ? What is the better choice for resale ? A brick house lasts longer and has less maintenance to deal with. Vinyl siding can be a pain to maintain, especially in the high humidit...
by HueyLD
Sun Jul 09, 2017 10:07 am
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 5023

Re: any way to eat healthier at Subway (or any other quick lunch ideas)

Can you prepare extra serving of food at dinner time and pack the food in a microwave safe container for lunch?

Add your favorite fruits and healthy snacks such as whole roasted almonds (in small serving of course) and you are all set for the afternoon.
by HueyLD
Sun Jul 09, 2017 9:29 am
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 220
Views: 17355

Re: Buying house - Very important decision

In my continued search for cheaper house, I see some houses with brick and some with vinyl siding. What is the difference ? What is the better choice for resale ? A brick house lasts longer and has less maintenance to deal with. Vinyl siding can be a pain to maintain, especially in the high humidit...
by HueyLD
Fri Jul 07, 2017 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Grandparent Contribution to 529
Replies: 19
Views: 1691

Re: Grandparent Contribution to 529

Generally speaking, a parent has a lot of flexibility in how (s)he supports a dependent child. Some parents choose to give a dependent child expensive sports cars while others may pay for the child's extravagant vacation. I don't think your "incentive award" is unreasonable and you may not...
by HueyLD
Fri Jul 07, 2017 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Grandparent Contribution to 529
Replies: 19
Views: 1691

Re: Grandparent Contribution to 529

Gasdoc,

What you described above should go toward your support of a dependent with after tax money and it should be just fine.
by HueyLD
Fri Jul 07, 2017 11:13 am
Forum: Personal Consumer Issues
Topic: Forbes
Replies: 12
Views: 786

Re: Forbes

I can read Forbes in my local libraries, including reading at home via online access to their electronic version. I rarely found anything interesting. However, for $9, you have virtually nothing to lose except your time. I guess it is worth the price of subscription if you find the magazine entertai...
by HueyLD
Fri Jul 07, 2017 10:34 am
Forum: Personal Consumer Issues
Topic: Forbes
Replies: 12
Views: 786

Re: Forbes

How inexpensive?
by HueyLD
Thu Jul 06, 2017 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Museum Membership - tax deductible?
Replies: 13
Views: 1016

Re: Museum Membership - tax deductible?

My museum tells me how much of my annual membership is tax deductible. You may want to ask the museum for such information.
by HueyLD
Thu Jul 06, 2017 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Can you buy a house with little or no income?
Replies: 24
Views: 2151

Re: Can you buy a house with little or no income?

The NINJA (no income, no job, no assets) days are over. Without adequate income, your chance of getting a loan with 20% down is slim to none. However, if you are willing to pledge your assets as collateral for the mortgage amount, the bank "might" be willing to give you a loan. But pledgin...
by HueyLD
Thu Jul 06, 2017 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Grandparent Contribution to 529
Replies: 19
Views: 1691

Re: Grandparent Contribution to 529

What is the maximum amount that my parents can contribute to my son's 529 (with me as the account owner) in one year, without causing a taxable event? I strongly encourage that you review relevant IRS guidance, publications and forms in lieu of reading a lot of nonsense online such as the link to C...
by HueyLD
Tue Jul 04, 2017 12:09 pm
Forum: Investing - Theory, News & General
Topic: Gift tax consequences if switch 529 from self to own child?
Replies: 18
Views: 1520

Re: Gift tax consequences if switch 529 from self to own child?

For OP's benefit, it is important to know that the annual gift limit without having to file form 709 is currently $14k and the amount will be adjusted annually for inflation. So, this amount may be $15k next year and may go up annually depending on the inflation rates. Also, many 529 plans do not al...
by HueyLD
Mon Jul 03, 2017 3:13 pm
Forum: Investing - Theory, News & General
Topic: Gift tax consequences if switch 529 from self to own child?
Replies: 18
Views: 1520

Re: Gift tax consequences if switch 529 from self to own child?

Try this link https://www.law.cornell.edu/uscode/text/26/529

The answer is still the same as the esteemed poster sscritic stated in the older thread.
by HueyLD
Sun Jul 02, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Medicaid irrevocable trust- any experiences?
Replies: 46
Views: 2278

Re: Medicaid irrevocable trust- any experiences?

This is why I urge being very careful about a scheme to impoverish the retiree assuming going on Medicaid for care. Even if said scheme is perfectly legal (We don't discuss illegal schemes here.), one should be very careful about what one asks for. This is a very good advice. I had done volunteer w...
by HueyLD
Sun Jul 02, 2017 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Should I move abroad to minimize health care costs?
Replies: 80
Views: 6261

Re: Should I move abroad to minimize health care costs?

mouses wrote:What happens to Social Security if one moves abroad? What happens to it if the person changes citizenship?

https://www.ssa.gov/pubs/EN-05-10137.pdf

This social security publication has everything you need to know about receiving SS while living in another country.
by HueyLD
Sat Jul 01, 2017 11:59 pm
Forum: Personal Consumer Issues
Topic: ACA cost sharing based on income
Replies: 3
Views: 492

Re: ACA cost sharing based on income

Am I right that come tax time, the actual income will have no impact on the cost sharing aspect from the estimated income? I have not found much in the way of specific cost sharing info. And exceeding the estimated income in 2016 had no tax implications regarding cost sharing as far as I could tell...
by HueyLD
Fri Jun 30, 2017 2:09 pm
Forum: Personal Consumer Issues
Topic: Broken central air
Replies: 19
Views: 1204

Re: Broken central air

I called Carrier. They told me I have a 5 year warranty. Which includes parts but not labor so they referred me to a local contractor. The five year warranty may only apply to the compressor. As I indicated in a post above, everything except the compressor has only a one year warranty for my unit.
by HueyLD
Fri Jun 30, 2017 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Ally CD - No Penalty CD Help/Advice Needed
Replies: 19
Views: 1667

Re: Ally CD - No Penalty CD Help/Advice Needed

Might be a good idea to stagger if the need comes to withdraw some, you don't have to take all the money out of the CD. No reason not to stagger IMO. Not with Ally. Ally does not allow partial withdrawal from a CD (except for the RMD). That's why it has been recommended that one opens multiple CDs ...
by HueyLD
Fri Jun 30, 2017 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Ally CD - No Penalty CD Help/Advice Needed
Replies: 19
Views: 1667

Re: Ally CD - No Penalty CD Help/Advice Needed

My dad has 200K he would like to do this with, but in the name of his trust so he has to call and see what's up with that...he already has the online savings ally account in the trusts name, so shouldn't be a problem and quick, maybe a little more delay...I'll still make sure he's got 20K always in...
by HueyLD
Fri Jun 30, 2017 12:10 pm
Forum: Personal Consumer Issues
Topic: Broken central air
Replies: 19
Views: 1204

Re: Broken central air

When I bought the new construction, I received a packet of warranty material and the A/C unit carried various periods of warranty depending on the specific items. So, start reading the fine print in the warranty. If yours is similar to mine, you may have warranty on parts and labor for one year. And...
by HueyLD
Wed Jun 28, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Voice Verification
Replies: 27
Views: 2065

Re: Vanguard Voice Verification

Phineas J. Whoopee wrote:
HueyLD wrote:...
It happened to me once, and I had to answer three different questions to get through.

What sort of questions?
PJW

Oops, I had to repeat three different phrases, not questions. However, I don't remember what the second or third phrases were.